Insufficient Protection of Intellectual Property Rights and Infringement Risk
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The risks of inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' intellectual property rights continue to be disclosed.」
The risks relating to the acquisition of intellectual property, inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' rights continue to be disclosed. - FY2024MaterialisedAnnual report
「The Company has recorded ¥1,666 million as income from damages under extraordinary gains, representing damages awarded in the patent infringement lawsuit between the Company and スリーエムジャパンイノベーション株式会社 and スリーエムジャパンプロダクツ株式会社 based on the appellate judgment, plus late-payment damages and less various expenses.」
The Company actually recognized ¥1,666 million in damages income based on the second-instance judgment in litigation over intellectual property rights. - FY2024-Q3MaterialisedAnnual report
「In the patent infringement lawsuit brought by the Company against 3M Japan Innovation Co., Ltd. and 3M Japan Products Co., Ltd. (collectively, the "two companies"), the Tokyo District Court, the court of first instance, found on 31 August 2021 that the two companies had infringed the Company's patent rights and issued a judgment in the Company's favor. The Company and the two companies appealed. On 16 November 2023, the Intellectual Property High Court, the court of second instance, dismissed both appeals and upheld the first-instance judgment ordering the two companies to pay the Company ¥1,553 million in damages.」
Litigation over intellectual property rights actually arose, and the second-instance court upheld the first-instance judgment finding that the opposing parties had infringed the Company's patent rights. - FY2023RestatedAnnual report
「The risks of inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' intellectual property rights continue to be disclosed.」
The acquisition of intellectual property and the risks of inadequate protection of the Company's technology, infringement of its rights and infringement of others' rights continue to be disclosed. - FY2021RestatedAnnual report
「The risks of inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' intellectual property rights continue to be disclosed.」
The risks of inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' intellectual property rights continue to be disclosed. - FY2020First statedAnnual report
「The Group recognizes the importance of intellectual property and seeks to acquire intellectual property rights useful to its business activities. However, if it is unable to adequately protect its technology or its rights are unlawfully infringed, this could affect the Group's business and performance. The Group also pays close attention to the intellectual property rights of others, but if it were found to have infringed another party's intellectual property rights and became liable for damages, this could affect the Group's operating results, financial condition and future performance.」
The risks of inadequate protection of the Company's technology, infringement of its rights and liability for damages arising from infringement of others' intellectual property rights were disclosed for the first time.